After failing to apply for a credit card, it is best to apply again after 3 months. If you apply immediately after the application fails, the result will most likely be failure. Therefore, it is best not to apply continuously after your credit card application is rejected. If you apply frequently in a short period of time, the user's credit qualifications will not change much, so the review results will not change either. Applying after a certain period of time will help you get approval.
Legal basis: Article 177-1 of the Criminal Law of the People's Republic of China
The crime of obstructing credit card management falls under any of the following circumstances: , shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or shall be fined not less than 10,000 yuan but not more than 100,000 yuan; if the quantity is huge or there are other serious circumstances, the sentence shall be not less than three years but not more than 10 years of fixed-term imprisonment, and shall also be fined not less than 20,000 yuan. Fines of up to 200,000 yuan:
(1) Holding and transporting credit cards knowing that they are counterfeit, or holding and transporting blank credit cards knowing that they are counterfeit, in larger quantities;
(2) Illegally holding other people’s credit cards in large quantities;
(3) Using false identity certificates to fraudulently obtain credit cards;
(4) Selling, Purchasing or providing others with forged credit cards or credit cards fraudulently obtained with false identification.
The crime of stealing, bribing, or illegally providing credit card information. Anyone who steals, bribes, or illegally provides other people's credit card information shall be punished in accordance with the provisions of the preceding paragraph.
If a staff member of a bank or other financial institution takes advantage of his position to commit the crime in Paragraph 2, he shall be severely punished.
Why did the bank refuse to issue the card?
1. The card applicant does not meet the most basic card application conditions, such as being under 18 years old, or being too old, exceeding the bank’s restrictions, and not having Stable source of income, unable to prove one's ability to repay.
2. Have a bad credit record. This is also a main reason why many card applicants with high education and high income are rejected. If the applicant has a record of overdue credit card or overdue loan repayment, personal tax will be imposed. If there is a bad record in the credit card system, it will be very difficult to apply for a credit card again.
3. There is no credit card business in the area. In some third- and fourth-tier cities and rural areas, banks do not carry out credit card business. It is more difficult for users in the above areas to apply for credit cards.
4. Credit-blind accounts. People who apply for a credit card for the first time have no previous credit record. It is difficult for the bank to judge the quality of their credit, so it is easy for the card application to be rejected.